Author: Political Desk

The Minority in Parliament has disputed the Bank of Ghana’s reported operating loss of GH¢15.6 billion for the 2025 financial year, insisting the actual loss is significantly higher. While commending the central bank for the transparency in its public disclosure, the Minority argued that the true operating loss for 2025 stands at GH¢34.9 billion. When proceeds from gold sales are factored in, the total comprehensive loss rises to approximately GH¢44 billion. The 2025 Annual Report and Financial Statements, which showed a deepening deficit from GH¢9.48 billion in 2024, mark the Bank of Ghana’s fourth consecutive year of losses. The bank…

The Minority in Parliament has warned the Bank of Ghana against what it describes as the growing politicisation of the central bank, cautioning that such actions could threaten its operational independence and credibility. Speaking to the media on Sunday, May 3, the Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, described the development as irregular and unacceptable. He noted that political interference in the affairs of the central bank could set a dangerous precedent. He called on the Governor, the Board, and government officials to take the matter seriously, insisting that the Bank of Ghana must be protected from partisan…

The West African Examinations Council (WAEC) has issued a stern warning to candidates writing the 2026 Basic Education Certificate Examination (BECE), saying anyone who assaults invigilators or supervisors will have their entire results cancelled and could be barred from writing future examinations for several years. WAEC’s Head of Public Affairs, John Kapi, issued the caution in an interview with Channel One News on Sunday, May 3, ahead of the commencement of the nationwide examination on Monday, May 4, 2026. According to Mr Kapi, the Council is determined to ensure the integrity of the examination and will not tolerate any form…

The Basic Education Certificate Examination (BECE) is scheduled to start today, Monday, May 4, 2026, with over 620,000 candidates nationwide set to sit for the exam as authorities intensify efforts to prevent malpractice. The nationwide examination, administered by the West African Examinations Council (WAEC), is set to run until May 11. A total of 620,141 candidates from 20,395 schools are expected to participate. The West African Examinations Council has reaffirmed its firm stance against examination malpractice, urging candidates to strictly adhere to the rules throughout the period. “Candidates found engaging in any form of malpractice will face severe sanctions,” an…

NPP National Chairman aspirant Boakye Agyarko has paid a courtesy call on former Vice President of Ghana Dr Mahamudu Bawumia, Flagbearer of the New Patriotic Party (NPP), as part of efforts ahead of his bid for the position of National Chairman of the party. The meeting, held on May Day, provided an opportunity for Boakye Agyarko to commend Dr Bawumia for what he described as his dedicated service to both the NPP and Ghana. The engagement also focused on the future of the party and preparations towards the 2028 general elections. During the discussions, Boakye Agyarko, accompanied by members of…

The Bank of Ghana’s 2025 operational loss has been described as a ”new low” in its recent history. In its 2025 Financial Statement published on May 1, 2026, the Bank of Ghana registered an operational loss of GHS 15.6 billion, which is the second highest loss by the Bank since the Cedi was redenominated in 2008. The 2025 loss also surpassed the 2024 loss, which was seen as a positive outlook from the 2022 global economic crisis which hit the Bank of Ghana and other central banks around the world. Member of Parliament for Tano North and Member of the…

The Bank of Ghana’s 2025 operational loss was driven by politically motivated policy choices, rather than stability, Member of Parliament for Tano North and Member of Parliament’s Finance Committee, Dr. Gideon Boako has said. Boako, who has extensively discussed the financial situation of the Central Bank for months, predicted the loss, which the Central Bank confirmed in its Financial Statement released today, May 1, 2026. The Bank of Ghana registered an operational loss of GHS 15.6 billion, which is the second highest loss by the Bank since the Cedi was redenominated in 2008. Dr. Boako has expressed shock at the…

President John Dramani Mahama has announced that government will, from this year, begin prosecuting individuals cited in the reports of the Auditor-General of Ghana, in a renewed push to enforce accountability and combat corruption. According to the President, the move forms part of broader governance reforms aimed at ensuring that public officials are held to high standards of transparency and responsibility. Speaking at the 2026 May Day celebrations held at Jackson Park in Koforidua on Friday, May 1, President Mahama stressed that accountability remains central to his administration’s agenda. “We recommit to the fight against corruption. Those who serve in…

The Trades Union Congress (TUC) has called on the government to introduce stricter labour laws that will compel employers to provide clear reasons for terminating the employment of workers. Speaking at the 2026 May Day celebrations on Friday, May 1, TUC Secretary-General Joshua Ansah argued that the current system leaves workers vulnerable to arbitrary dismissals and job insecurity. Mr. Ansah stressed that requiring employers to justify firings would significantly strengthen worker protections and promote fairness in the labour market. He also expressed worry over what he described as increasing politicisation in the public sector, where promotions, transfers, rewards, and disciplinary…

President John Dramani Mahama has thrown his weight behind efforts to equip the Office of the Special Prosecutor (OSP) with enhanced prosecutorial authority, even as legal questions surrounding the anti-corruption body’s mandate remain before the courts. Speaking at the 2026 May Day celebrations in Koforidua on Thursday, President Mahama acknowledged the pending judicial processes but stressed that there is sufficient room within the law to strengthen the OSP for more effective operations. “While some of the issues are pending appeal and Supreme Court interpretation, government believes that there is space for an effective Office of the Special Prosecutor with special…